Ripple Acquires Hidden Road, Introduces RLUSD Stablecoin: Transforming Institutional Finance

Ripple’s recent acquisition of Hidden Road, a prominent prime broker handling over $3 trillion annually, marks a significant milestone in the realm of digital finance. This strategic move is accompanied by the launch of Ripple USD (RLUSD), a groundbreaking stablecoin designed to bridge the gap between traditional finance and decentralized finance. RLUSD facilitates cross-margining between fiat and crypto assets, paving the way for innovative real-world applications. Ripple’s blog post highlights this transformative potential, showcasing RLUSD’s ability to unlock seamless integration within institutional finance.